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Financial Information

The Commissioner publishes detailed financial information on a regular basis to help detail how public resources are used. This page holds information about finances, expenditure, contracts and property and other financial data that we are required to publish by statute.

The nature of these documents means that not all are published in a fully accessible format at present. If you are unable to access the information you require or need further assistance to be able to view the information, please contact us and we will endeavour to provide it to you in an accessible way.

Please note the information about the grants awarded by the PCC and commissioned services can be found in the Your PCC section under Commissioners’ Grants.

Annual Statement of Accounts

Treasury Management/Annual Investment Strategy

The Police and Crime Commissioner is obliged to produce an Treasury Management Strategy that outlines the Commissioner’s policy on borrowing and investing funds.  This strategy, sometimes known as the Annual Investment Strategy defines how the Commissioner will manage the organisations investments and cash flows, the banking, money market and capital market transactions; the effective control of the risks associated with those activities; and the pursuit of optimum performance consistent with those risks.  It is produced yearly in March.

Treasury Management Strategy 2023/24

Information about previous years can be seen below:

Treasury Management Strategy 2022/23

Treasury Management Strategy 2021/22

Treasury Management Strategy 2020/21

The Budget

The Police and Crime Commissioner determines the amount of funding to be raised through the policing budget which is set in February each year.

2024/25

For the 2024/25 financial year, the Commissioner proposed a budget which was considered by the Warwickshire Police and Crime Panel on 5 February 2024.  The Panel voted unanimously to support the budget and the Commissioner’s proposal to increased the Police Precept by 4.7%, equivalent to £13 per year on an average Band D property, or around 25 pence per week. The panel wrote to the Commissioner on 7 February 2024 to confirm their support for the budget. The Commissioner wrote back to the Panel acknowledging their comments on 15 February 2023.

The finalised budget report can be read below.

Budget Report 2024/25

2023/24

In 2023/24 the Commissioner proposed a budget for 2023/24 to the Warwickshire Police and Crime Panel on 6 February 2023.  The Panel voted to support the budget and the Commissioner’s proposal to increase the Police Precept by 5.3%, equivalent to £14 per year on an average Band D property, or around 27 pence per week. The panel wrote to the Commissioner on 8 February 2023 to confirm their support for the budget. The Commissioner wrote back to the Panel acknowledging their comments on 16 February 2023.

The finalised budget can be viewed below:

Budget Report 2023/24 and Medium Term Financial Plan

Previous budget reports

Information about previous years can be found below:

Budget Report 2022/23 and Medium Term Financial Plan

Budget Report 2021/22 and Medium Term Financial Plan

Budget Report 2020/21 and Medium Term Financial Plan

 

 

Capital Strategy

This capital strategy gives a high-level overview of how capital expenditure, capital financing and treasury management activity contribute to the provision of local public services along with an overview of how associated risk is managed and the implications for future financial sustainability.

Capital Strategy 2023/24

Previous years

Capital Strategy 2022/23

Capital Strategy 2021/22

Capital Strategy 2020/21

 

Reserves Strategy

This strategy outlines how the force plans to make use of its financial reserves over the life of the medium term financial plan.

Reserves Strategy 2023/24

Previous years

Reserves Strategy 2022/23

Reserves Strategy 2021/22

Reserves Strategy 2020/21

Contract information

We publish details of all supplier contracts on the Bluelight e-Procurement Hub. Contract information is published subject to the redaction of operationally or commercially sensitive information.

Click here to view the Blue Light Website

Future tendering opportunities

Future invitations to tender are advertised by Warwickshire Police via the In-tend e-tendering portal.

Click here for In-tend Portal

For further information please  email: procurement@warwickshire.police.uk 

Becoming a supplier

Warwickshire Police publishes information on how companies can tender for services or become a supplier to the force.

Modern Slavery statement

The OPCC has a zero tolerance approach to any form of modern slavery. We are committed to acting ethically and with integrity and transparency in all business dealings.

Although we are not required to make a modern slavery statement under section 54 of the Modern Slavery Act.2015, we are making this voluntary statement to show our commitment to ethical trading principles and to set out the steps we are taking to tackle modern slavery and human trafficking in our business and in our supply chains.

Expenditure over £500

The Police and Crime Commissioner is required by law to publish all expenditure over £500 incurred by the OPCC.  This will be published monthly in CSV format, usually around two month’s from the stated period.

2024

2023

2022

2021

2020

2019

 

Financial regulations

To conduct their business effectively, the Police and Crime Commissioner and Chief Constable need to ensure that they have sound financial management policies in place and that they are strictly adhered to.  Part of this process is to adopt and implement Financial Regulations.  The Regulations contained herein have been drawn up in such a way as to ensure that the financial matters of the Police and Crime Commissioner and the Chief Constable are conducted properly and in compliance with all necessary requirements.  Financial regulations form part of the overall Scheme of Governance.

Joint PCC and CC Financial Regulations March 2023

Police Precept (Council Tax)

The Commissioner has published a full page of information outlining the Budget for 204/25 and amount which local taxpayers will contribute through the precept.  This can be found on the link below:

Council Tax – What You Will Pay for Policing in 2024/25